Majestic GOLD Corp. Announces Temporary Suspension of Production at Songjiagou Underground MINE
MAJESTIC GOLD CORP. ANNOUNCES TEMPORARY SUSPENSION OF
PRODUCTION AT SONGJIAGOU UNDERGROUND MINE
Vancouver, British Columbia – September 15, 2025 - Majestic Gold Corp. (“Majestic” or the “Company”)
(TSX.V: MJS, FSE: A0BK1D) reports that its safety production permit for the Songjiagou Underground Mine
expired on September 11, 2025. Yantai Zhongjia Mining Co., Ltd. (“Yantai Zhongjia”), a subsidiary of the
Company, submitted all required application documents to the Shandong Provincial Emergency Management
Department (“Emergency Department”) in August 2025 for renewal of the safety production permit.
To facilitate the application process and in view that the Emergency Department may conduct unannounced
safety inspections of the mining area, Yantai Zhongjia voluntarily suspended major production activities at the
Songjiagou Underground Mine effective September 1, 2025. This temporary suspension allows for a
comprehensive hazard investigation by the Emergency Department and ensures that Yantai Zhongjia can
effectively implement any safety rectification measures, if required, in support of the renewal application for
the safety production permit.
As at the date of this announcement, Yantai Zhongjia has not yet received the new safety production permit
for the Songjiagou Underground Mine. Under normal circumstances, the Emergency Department will grant a
new safety production permit before the expiry date, provided the application is submitted on time. However,
due to stricter safety protocols implemented this year, Yantai Zhongjia anticipates receiving the renewed safety
production permit by the end of October 2025.
During the i nterim, Yantai Zhongjia will continue processing ore previously mined from the Songjiagou
Underground Mine. Operations at the Songjiagou Open-Pit Mine remain normal and unaffected by the safety
production permit renewal process.
The Company will issue further announcements regarding the progress of the renewal application process and
the resumption of production activities at the Songjiagou Underground Mine.
About Majestic Gold
Majestic Gold Corp. , a British Columbia based company , is a low -cost junior gold producer engaged in
commercial gold production at the Songjiagou Gold Mine in eastern Shandong Province, China . Additional
information on the Company and its projects is available at www.sedarplus.ca and on the Company’s website
at www.majesticgold.com.
For further information, please contact:
James Mackie, CFO and Corporate Secretary
Telephone: (604) 560-9060
Email: [email protected]
Website: www.majesticgold.com
Cautionary Notes
306 - 1688 152nd Street
Surrey, British Columbia
Canada, V4A 4N2
Telephone: 604-560-9060
Facsimile: 604-560-9062
Email: [email protected]
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